Replies to post #45776 on Ethema Health Corp (GRST)

[Bubae]

Way too early for the filing. They didn't file the annual until April 14th in 2022 and the Q1 didn't come until May 16th. They like March 1st for press release drops for some reason to promote "projected" numbers. Then when the filing comes with the press release the revelations within generate very little interest. This year maybe all shareholders get on March 1st is the defaulted Leonite note.

Ethema Signs LOI to Purchase Interest in Long Island Based Mental Health Counseling and Case Management Office
March 01, 2019 08:00 ET | Source: Ethema Health Corporation
https://www.globenewswire.com/en/news-release/2020/01/16/1971711/0/en/Ethema-Working-on-Acquisition-Financing-and-Debt-Reduction-for-1st-Quarter.html

March 1st of 2020 nothing was released after they closed their only treatment center January 2020 due to hemorrhaging losses financed by the toxic debt.

Ethema Announces Blue Cross In-Network Contract for ARIA Treatment Center
March 01, 2021 08:00 ET | Source: Ethema Health Corporation
https://www.globenewswire.com/en/news-release/2021/03/01/2184237/0/en/Ethema-Announces-Blue-Cross-In-Network-Contract-for-ARIA-Treatment-Center.html

Ethema Continues to Reduce Debt
March 01, 2022 10:19 ET | Source: Ethema Health Corporation
https://www.globenewswire.com/en/news-release/2022/03/01/2394545/0/en/Ethema-Continues-to-Reduce-Debt.html

For the quarterly period ended June 30, 2022
https://sec.report/Document/0001903596-22-000529/

Leonite Fund I, LP

Effective June 1, 2022, The Company entered into a Note Exchange Agreement whereby

..., were exchanged for a new Senior Secured Convertible Promissory note in the principal amount of $745,375,..

...The Note matures on March 1, 2023, and bears interest at the minimum of 10% per annum or the Wall Street Journal quoted prime rate plus 5.75%.

The convertible note is secured by all of the assets of Ethema Health Corporation and Addiction Recovery Institute of America, LLC.